Bulk Portfolio Purchase
Provides a large capital infusion through the bulk purchase of in-house portfolios.
· Competitive payout on remaining portfolio balance.
· Specialized portfolio purchasing includes current, slow pay, out for repo and bankrupt accounts.
· Minimal payment seasoning required.
· Electronic file verifications speed up the closing process and eliminate customer and employee confusion.
· NO reserve account requirement—all proceeds are paid at closing.
Capital Solution One
Provides one complete capital solution with the benefits of a credit line, commercial loan and a payment stream rolled into one.
· Receive an advance against loan portfolio receivables.
· NO seasoning required. 30 - 60 days preferred
· Dealer may retain servicing of all loans.
· Equal payments to the company through ACH from dealer account.
· Coverage ratio protects dealer liquidity by not requiring a payoff on individual loan defaults in order to get loan documents back.